Oscar Stephens will moderate panel titled, "Do yields on project bonds (versus buying senior unsecured) justify the credit work required in buying them?" The panel will discuss the following:
• What criteria should project bonds display to wet investors’ appetite?
• Assessing metrics for bond comparison: Is there a level playing field for the work required, and how does the ROI compare?
• Understanding project risk: At what point are investors ready to take the plunge? How does this vary by institution?
• In search of yield: Where do investors see value in the market?